Technical
Financial
Distress signals
Property profile

215 Lovvorn Rd Carrollton, GA 30117

FOR SALE
Manufacturing properties
Property ID
US22-3638970
15,000 SF 0.65 ac lot Built 1984
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional offering presents a substantial 29,567-square-foot warehouse and flex space in West Georgia, ideally situated in Carroll County's Carrollton submarket. The property comprises two buildings totaling the stated square footage, currently available for lease. Building features include a mix of conditioned warehouse, showroom, and office space, accommodating diverse operational needs. Ceiling heights range from 12 to 24 feet, providing ample vertical clearance. The property boasts four loading docks, two dock-high doors, one oversized drive-in door, and fifteen surface parking spaces. The space is equipped with updated single and three-phase power (208 volts), a wet sprinkler system, and an interior and exterior security system. The property is zoned M-1 (Light Industrial) and sits on 1.21 acres of land. Conveniently located approximately 11 miles from I-20 (Exit 11) and 26 miles from I-85 S (Exit 44 in Newnan), this property offers excellent access to major transportation arteries. Built in 1957 and renovated in 1984, this Class C property presents a unique opportunity for businesses seeking versatile and well-equipped industrial space. The current lease rate is $6.50 per square foot on a modified gross basis, and the lease term extends through March 31, 2028, with the possibility of extension. The APN is C08 0060006 & C08 0060005. The buildings can be leased separately.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1984
Construction STEEL FRAME
Total area 15,000 SF
Lot 0.65 ac (28,314 SF)
Zoning code 3
APN C08-006-0006
UPID US22-3638970

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Consultant

Location

215 Lovvorn Rd Carrollton, GA 30117
Carrollton metro Census 910502 ATLANTA-SANDY SPRINGS-MARIETTA, GA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$810k
CAP Approach CAP
by Request
Comparable Approach Comparable
$643k
Blend (final) Blend
$810k

Owner & transaction history

since 2024
Last sale
$810,000
2 recorded transactions
2024
$810,000
2014
$92,700

Zoning & alternative use

3 · Carrollton, GA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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